Stepan Co (SCL) VP receives RSUs, SARs and performance share grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stepan Co vice president Robin Joseph Weitkamp received new equity awards as part of compensation. On April 13, 2026, he was granted 2,859 restricted stock units, each representing a contingent right to one share of Stepan common stock, vesting ratably over three years.
He also received 4,030 stock appreciation rights on Stepan common stock at an exercise price of $52.46 per share, exercisable beginning April 13, 2027 and expiring April 13, 2036. In addition, he was granted 1,429 performance shares, each a contingent right to one share that vests only if Stepan certifies that performance goals are achieved for the period ending December 31, 2028. These awards are grants, not open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Weitkamp Robin Joseph
Role
VP and GM Surfactants-INT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,859 | $0.00 | -- |
| Grant/Award | Stock Appreciation Right | 4,030 | $0.00 | -- |
| Grant/Award | Performance Shares | 1,429 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,859 shares (Direct);
Stock Appreciation Right — 4,030 shares (Direct);
Performance Shares — 1,429 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of Stepan Company common stock. Vests ratably over three years beginning on the date shown. Each performance share represents a contingent right to receive one share of Stepan Company common stock. The performance shares vest upon the certification of Stepan Company achieving certain performance goals for the performance period ending December 31, 2028.
Key Figures
Restricted stock units granted: 2,859 units
Stock appreciation rights granted: 4,030 rights
SAR exercise price: $52.46 per share
+4 more
7 metrics
Restricted stock units granted
2,859 units
RSUs granted on April 13, 2026; each equals one share, vesting over three years
Stock appreciation rights granted
4,030 rights
SARs on common stock granted April 13, 2026
SAR exercise price
$52.46 per share
Exercise price for 4,030 stock appreciation rights
SAR first exercisable date
April 13, 2027
Exercise start date for stock appreciation rights
SAR expiration date
April 13, 2036
Expiration of stock appreciation rights grant
Performance shares granted
1,429 shares
Performance share award contingent on meeting goals
Performance period end
December 31, 2028
End date for performance goals governing performance shares
Key Terms
Restricted Stock Units, Stock Appreciation Right, Performance Shares, contingent right, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Appreciation Right financial
"Stock Appreciation Right on Stepan Company common stock"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
contingent right financial
"represents a contingent right to receive one share of Stepan Company"
performance goals financial
"vest upon the certification of Stepan Company achieving certain performance goals"
Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.
FAQ
What did Stepan Co (SCL) disclose about Robin Joseph Weitkamp's new equity awards?
Stepan Co reported that VP Robin Joseph Weitkamp received 2,859 restricted stock units, 4,030 stock appreciation rights, and 1,429 performance shares. All awards are contingent rights to Stepan common stock and represent compensation, not open‑market stock purchases or sales.
How many restricted stock units did Robin Joseph Weitkamp receive from Stepan Co (SCL)?
Robin Joseph Weitkamp received 2,859 restricted stock units from Stepan Co. Each unit represents a contingent right to one share of Stepan common stock and will vest in equal installments over three years starting on the grant date shown.
What are the key terms of the stock appreciation rights granted by Stepan Co (SCL)?
Stepan Co granted 4,030 stock appreciation rights on its common stock with a $52.46 exercise price, first exercisable April 13, 2027. These rights expire April 13, 2036 and are derivative compensation rather than immediate share purchases or open‑market transactions.
What performance period applies to Robin Joseph Weitkamp's Stepan Co (SCL) performance shares?
The performance shares vest based on Stepan Co’s achievement of performance goals for the period ending December 31, 2028. Each of the 1,429 performance shares is a contingent right to one common share, vesting only after performance certification.
Are Robin Joseph Weitkamp's Stepan Co (SCL) Form 4 transactions open‑market trades?
No. The Form 4 transactions reflect equity compensation grants, including restricted stock units, stock appreciation rights, and performance shares. They are coded as awards, not open‑market buys or sells, and therefore do not represent discretionary trading in Stepan Co shares.
How do the Stepan Co (SCL) restricted stock units for Robin Joseph Weitkamp vest?
The restricted stock units vest ratably over three years beginning on the grant date. This means the 2,859 units convert into Stepan common shares in equal portions each year, assuming continued service and satisfaction of any award conditions.